Electrolux released a good set of figures which included strong organic sales growth and margin improvement in EMEA, the return to a ‘normalised’ situation in North America vs Q1 15 which was affected by non-recurring costs, lower performance in Latin America and a significant adverse currency impact at the operating level. Q1 16 earnings Sales decreased to SEK28,114m (-3.3%) due to a negative currency impact (-5.2%). Organic growth was +1.8% (vs -0.5% in Q1 15) driven by Major Ap
